China Construction Machinery Business Online
Daimler Trucks to set up new entity in China
Post Date: 2013-04-26

Daimler AG announced the foundation of Daimler Trucks and Buses China Ltd. (DTBC). The company has already obtained its business license from the Chinese authorities, Daimler said.

The new organization is based on the existing business of Daimler Trucks in China which has sales of more than 6100 vehicles in 2012. China is already the fifth-largest sales market for Mercedes-Benz trucks and has been the top selling premium imported truck among European manufacturers, Daimler said.

Daimler is developing the volume segment of the world’s biggest market for commercial vehicles in a joint venture with China’s Foton Motor and since mid-2012, the jointly produced medium and heavy trucks of the Auman brand have also been rolling off the production line in Beijing-Huairou.

Daimler has been producing Mercedes-Benz vans for the Chinese market in the Fujian Benz Automotive Corp. joint venture since April 2010. (Source: Diesel Progress Online)

 

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